A couple of key points that I will go into more detail on in upcoming posts:
- Obama claimed that he did not want to increase the size of the federal government. I'm not sure how he is going to back that up when his plans call for increased oversight into health care, increased financial services oversight (not to mention the fact that our government, aka you and me, is buying ownership into the private banks), taxpayer-funded R&D on energy reform, etc etc.
- Obama said that credit is the lifeblood of our economy. Unfortunately, at this point he is correct, but this has to be changed. I can't wait to write about this one.
- He wants to give tax breaks to 95% of Americans, of which nearly 47% don't pay taxes now, and increase taxes on income earners above 250k, and somehow cut our federal deficit in half. So let me get this straight. He will tax the producers in our economy more heavily, redistribute that wealth to citizens who pay nothing (redistribution of wealth, anyone?), increase spending 2 fold, and somehow cut our deficit in half. I was not a math major, but the numbers don't add up.
- He spoke often about three critical areas of concern for our future: education, energy management, and health care overhaul. While I agree that these three areas are of utmost importance, I can't agree that his solutions will be the best solutions for any of them.
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